Fund  Summary  Unit Prices  Income  Distributions  Performance  Net of Fees  Performance  After Tax  Fees Fund Summary   Fund Profile Monthly Price Latest Distributions Most Recent Performance for periods ended 31/10/2008 Net of Fees   Fact Sheet Date Buy NAV Sell Date Dist (CPU) 1 yr 3 yrs (pa) 5 yrs (pa) 10 yrs (pa) Asset Sector Index Funds Vanguard Index Cash Plus Fund 19/11/08 $1.0310 $1.0310 $1.0310 30/09/08 2.07 8.00% 6.16% 5.66% n/a Vanguard Index Diversified Bond Fund 19/11/08 $1.0437 $1.0421 $1.0405 30/09/08 0.55 6.83% 4.98% 5.65% n/a Vanguard Index Property Securities Fund 19/11/08 $0.6436 $0.6423 $0.6410 30/06/08 4.77 -55.74% -12.64% -0.94% 3.81% Vanguard High Yield Australian Shares Fund 19/11/08 $0.8486 $0.8469 $0.8460 31/10/08 0.30 -38.76% -1.23% n/a n/a Vanguard Index Australian Shares Fund 19/11/08 $1.3249 $1.3222 $1.3208 30/06/08 6.39 -38.59% -0.03% 7.89% 7.76% Vanguard Index International Shares Fund 19/11/08 $0.7786 $0.7762 $0.7754 30/06/08 0.76 -17.81% -1.75% 2.65% -0.27% Vanguard Index Hedged International Shares Fund 19/11/08 $0.4341 $0.4325 $0.4318 30/06/08 9.70 -39.82% -5.95% 2.13% n/a Diversified Index Funds Vanguard LifeStrategy Conservative Fund 19/11/08 $1.0056 $1.0040 $1.0029 30/06/08 4.35 -6.46% 3.62% 5.70% 5.23% Vanguard LifeStrategy Balanced Fund 19/11/08 $1.0136 $1.0115 $1.0099 30/06/08 4.79 -15.00% 2.19% 5.77% n/a Vanguard LifeStrategy Growth Fund 19/11/08 $1.0121 $1.0095 $1.0079 30/06/08 7.66 -22.76% 0.84% 5.86% 5.20% Vanguard LifeStrategy High Growth Fund 19/11/08 $1.0343 $1.0312 $1.0291 30/06/08 6.67 -30.36% -0.74% 5.69% 5.06%   Fact Sheet Date Buy NAV Sell Date Dist (CPU) 1 yr 3 yrs (pa) 5 yrs (pa) 10 yrs (pa)

Total Returns

Fund Returns are calculated after allowing for fund expenses (Management Costs) and assume reinvestment of income distributions. Fund Returns are net of the standard Management Costs and do not take into account any Management Fee discounts.

Fund Prices

Unit prices shown in the table above relate to the Vanguard Investor Index Funds. This section provides purchase and withdrawal prices for information purposes only and unit prices are not guaranteed. Unit prices are typically updated daily and are usually available the next business day by 3pm (EST). Unit prices will be confirmed by Vanguard upon application for, or withdrawal of units.